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Question: 1. Why does the payroll tax have the same impact on wages and employment regardless of whether it is imposed on workers or on firms?
2. Do immigrants reduce the wages of native workers? Do immigrants "take jobs away" from native workers?
3. Describe the trends in wages and employment implied by the cobweb model for the engineering market. What would happen to the cobwebs if an economics consulting firm sold information on the history of wages and employment in the engineering market?
What is the equilibrium price and quantity of bonds in this market? What is the interest rate in this market, given your answers above?
there are two countries that are battling in two locations location a and location b. suppose that each country has 2
The described excise tax is imposed on producers of whiskey: this implies that the suppliers in this market incur 100% of the tax nominally. In terms of economic incidence, what percentage of the tax is actually borne by suppliers
Describe the formation of early writing systems. Explain how settled agriculture led to civilization (meaning economic specialization and interdependence).
What is the machine's payback period? Compute net present value of machine if the cost of capital is 12%. Find out the expected internal rate of return for this machine?
Wwith reference to the price and quantity effects, why all else equal, taxing several goods at a modest rate is better than taxing one good at a very high rate.
Eastern Gravel expects to produce 60,000 tons of gravel annually for 5 years. Compute the annual depletion on a cost basis
1. distinguish between the micro and macro views of marketing. then explain how they are interrelated if they are.2.
you are the oil minister of one of 5 key opec countries. the world demand for oil can be reduced to q 100 - p and
Suppose you are the manager of College computers, a producer of customized computers that meet specifications needed through the local university.
IAS 106--Spring 2018 Intermediate Microeconomics - Suppose the price of a beer increases to $5. Show what happens to Spano's optimal level of consumption
Daddy Warbucks has given his niece the following choice. She can choose between twodifferent inheritance bundles. Bundle F consists of $100 tomorrow and $10 today. Bundle Pconsists of $30 tomorrow and $60 today. His niece can borrow and lend money at..
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